banner_ad

Sale tax

This query is : Resolved 

18 April 2014 what is the diffrence between sale tax and vat.

18 April 2014 sales tax applies to interstate sales and VAT applies to intra-state sales.

19 April 2014 SALE TAX AND VAT ARE SAME FROM 1.4.2003 FIRSTLY IN HARYANA VAT ACT IMPLIMENT STATE. AFTER THAT ALL STATE START THIS.

UNDER VAT ACT YOU HAVE FACILITY THAT YOU PAY ONLY VAT ON ADDITIONAL VALUE NOT ON THE TOTAL PURCHASE (AS APPLY IN SALE TAX ACT)

IF YOU PURCHASE ONE ARTICLE IN RS. 100/- @ 5% YOU PAY VAT RS.5 AND SELL IT ON RS 120 VAT rATE @5% THEN VAT PAYABLE IS RS. 6/- UNDER VAT YOU HAVE TO PAY ONLY RS. 1/-

BUT UNDER SALE TAX ACT IT WAS PAY RS. 6/-


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 02 May 2026
Accounts and Audit Assistant

Kothawade and Laddha

Thane

B.Com

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details